Investors call for vote on any BP rowback on climate goals
A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back ...
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BP Reportedly Mulls Castrol Lubricants Sale, But Retail’s Not Too Enthused
BP Plc (BP) stock garnered retail attention on Tuesday after Bloomberg News reported that the company is considering selling ...
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BP battle lines drawn as investors demand vote over green shift
Influential shareholder group calls for vote before any significant reversal of climate strategy, it is reported ...
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
BP Considers Castrol Sale as Elliott Turns Up the Heat
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management ...
BP’s ‘Fundamental Reset’ Sets High Bar for Auchincloss
The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...
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Major City investor pushes BP to quit green energy as pressure builds
However, their views will add to pressure on Murray Auchincloss, the BP chief executive, as he prepares to announce a new strategy aimed at winning back investors’ support and improving performance.
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP pledges strategy reset as annual profit falls by a third
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...